William1713006271 Posted February 5, 2009 Report Share Posted February 5, 2009 Hi there, I've been trying to release a new EA. Well, I'm planning to release this one for free and hope some nice people would donate some of the profits for me :D (well, it's even better if some people could donate to my paypal right now to support my creativity :) ) It's not done yet. I'm still struggling on how to minimize the losses & draw downs. I want to ask your opinion about it. Here's some detail: - backtest: 2005 - 2008 - server: alpari - modeling quality: 90% - pair: EUR/usd - Lot: 0.1 (1 mini lot) - Total trades: 555 - Average trades / year: 555 / 4 = 138.75 - Average trades / month: 555 / 48 = 11.56 - Average trades / week: 555 / 192 = 2.89, around 3 trades per week - Winning Ratio: 94.41% (524 wins, 31 loss) - Total profit: $4,412.60 = 4,412.60 pips Here's the screenshot: http://i687.photobucket.com/albums/vv235/SolomonZhang/New_EA1_Statement.gif http://i687.photobucket.com/albums/vv235/SolomonZhang/New_EA1_Statement-Summary.gif What do you think? Is my new EA going to be worthwhile to be used on your live account and real money? Or you are going to download and let it sleep on your harddisk? Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
btrack707 Posted February 5, 2009 Report Share Posted February 5, 2009 Re: My New Free EA - 94.41% Win rate Hi there, I've been trying to release a new EA. Well, I'm planning to release this one for free and hope some nice people would donate some of the profits for me :D (well, it's even better if some people could donate to my paypal right now to support my creativity :) ) It's not done yet. I'm still struggling on how to minimize the losses & draw downs. I want to ask your opinion about it. Here's some detail: - backtest: 2005 - 2008 - server: alpari - modeling quality: 90% - pair: EUR/usd - Lot: 0.1 (1 mini lot) - Total trades: 555 - Average trades / year: 555 / 4 = 138.75 - Average trades / month: 555 / 48 = 11.56 - Average trades / week: 555 / 192 = 2.89, around 3 trades per week - Winning Ratio: 94.41% (524 wins, 31 loss) - Total profit: $4,412.60 = 4,412.60 pips Here's the screenshot: http://i687.photobucket.com/albums/vv235/SolomonZhang/New_EA1_Statement.gif http://i687.photobucket.com/albums/vv235/SolomonZhang/New_EA1_Statement-Summary.gif What do you think? Is my new EA going to be worthwhile to be used on your live account and real money? Or you are going to download and let it sleep on your harddisk? Regards, Nice SS..anyway when do you plan to release it bro...can't wait to try it...sure will donate if it is profitable.... :mrgreen: Quote Link to comment Share on other sites More sharing options...
mourad_amine Posted February 5, 2009 Report Share Posted February 5, 2009 Re: My New Free EA - 94.41% Win rate Hi William, When we read the statement for the first time, the EA seems to be a good one. but we need the detailed statement in order to give a good evaluation of the EA. Regards Quote Link to comment Share on other sites More sharing options...
bullbeary Posted February 5, 2009 Report Share Posted February 5, 2009 Re: My New Free EA - 94.41% Win rate looks great. can't wait to test it ;) Quote Link to comment Share on other sites More sharing options...
sonny Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate I would like to test any EA by you :arrow: :) Quote Link to comment Share on other sites More sharing options...
sonny Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate bro 2 questions Is it MTF ? How long are trades in pips ? Will it work on 5M ? What is the average drawdown and loss ? more than 2 :mrgreen: Quote Link to comment Share on other sites More sharing options...
caillie Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Looks good William... So...when can we all give it a good rub? hope is not too long :lol: :peace: Quote Link to comment Share on other sites More sharing options...
edw123 Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate yeah... is it working on micro lot? any minimum deposit ? 94.41%.... wow that would be great! provided the drawdown time not longer than one consecutive week! :?: So, would you tell us what is the minimum donation for your PayPal account? :D :D :D Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted February 6, 2009 Author Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Wow, quite a lot of response! Thanks for everyone interested in this new baby of mine. Last time i've tried to build an EA with low win rate, so it gives many small losses but when it wins, it conquers all the losses. But seems people don't really gives good response, seems people like those small but keep winning. :P I'll answer the questions: anyway when do you plan to release it bro? When i'm done managing the draw downs and put money management. There are still things to do :( Is it MTF ? Yes. But the time frames are hard coded so, I hope it won't find any problem How long are trades in pips ? What is the average drawdown and loss ? Well as you can see the average winning is 20 pips. The stop loss? I let it flows until there is trend reversal :P As I've said, the loss & draw downs are not done yet. Will it work on 5M ? Timeframes are hard coded, so it will work on any chart. But the smallest time frame the EA takes the data is M30. I'm planning to also read M5, to make it gives more trades. But that comes later after managing the stop losses. is it working on micro lot? Money management is not done yet. The test results are raw, with no money management. The backtest uses mini lot because that is the smallest lot available via Alpari. However, I'm planning to allow it run on nano lot also. Any minimum deposit ? From the current drawdowns, I say $10k for 1 micro lot would be quite safe, it's going to be a long term investment, not a get rich quick. Bigger than that would be risky. Would you tell us what is the minimum donation for your PayPal account? Donation is donation. You can donate $0.01 to my paypal and I'll still be grateful :P I hope the collective amount would be around $10k so I could use this new EA myself. :D Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
fx_cyborg Posted February 6, 2009 Report Share Posted February 6, 2009 Re: Not Scalping EA GREAT & Awesome Trading System William's. From the 1st i look your Statement EA, i know it, your EA is not SCALPING like others & Comercial EA (your Profit Factor bellow 2). & can be used in live account. Since I know first time why every comercial EA use scalping, because they want to make a little bit manipulation Graph (for Smooth looks) & high Percentage Winning. Btw since i started Trading Forex, i don't like & not comfotrtabel used EA or Trading System with Martie, Locking, Avareging, etc ... it can be will to ..... :o (you know that :D ). If you remember like i said before i'm an old Trader who used a Manual Trading System (ussually naked trade), once upon a time time i need to test my Manual Trading System with MM only use SL: 65 pips & TP: 350 pips with only 1 lot each new position (Standar Account with Leverage 1:100) & use only old Indicator when you can find in any trading platform incld. Metatrader.4. BUT i use parameter & diffrent approach to use them so the result for 10 years is like this (from 1999 to 2008). No Avareging, Locking, Marti, etc ... just Pure SL & TP Only. EUR/USD Timeframe 60 Minutes (only 1 Timeframe) with just 1 Lot each open position. I Love Simplicity, because Simple is the Best, thats why sometimes & suddenly i trading "Naked" :D Here the results : http://i265.photobucket.com/albums/ii212/amathevs/EA.jpg Win Rate Ratio is lower than you (only aproxx. 60%) because i use "HARD STOP LOSS 65 PIPS !" But the final Result is more bigger than your Trading System. However its not Important, IMHO your EA is realy2 good too & so Impresive (Congeratulation). But The point is : 1. I know Exactly what is Trading System (EA) can use in Live Account, for Competition, for Marketing Sales or Demo only. 2. Good or not Trading System/EA in General (because i'm a person not fluent in IT stuff). What i mean Real or Cemplon (Kardel said :D ) 3. the Important of the Risk : Reward Ratio in a trading system / EA. Regards; P.S. i must prepare to change or Metamorphosis & Transform again into new Cloning ID after this Post Sorry cannot reply because i have reach my limit magic number... See you guys Brrrrrrrrrrrrrrrrrrrrr .................... :mrgreen: :mrgreen: :mrgreen: MANTAPS; :arrow: Quote " I ' LL BE BACK " Link to comment Share on other sites More sharing options...
William1713006271 Posted February 6, 2009 Author Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Damn! Didn't realize that it was you. :mrgreen: Quite clever this time huh? :D * Thanks Bro qqqq .... :D Btw i'm still thingking why Bro Kardel & David still can spot my new identity, every time i change ? 1st of all thanks for the compliments. * You're Welcome Bro, mee Too :shand: Since I know first time why every comercial EA use scalping, because they want to make a little bit manipulation Graph (for Smooth looks) & high Percentage Winning. Well, scalping is a subjective term. For me myself, I think this system is kindda semi scalping. And, I did try to make the graph pointing up and as smooth as possible :P Well, I didn't do it so I could sell it easier, it's a free EA if done. I did it because I'm trying to find a system that looks just like your graph :D (perhaps you could tutor me about your system) I want to find a system that is reliable enough and can make passive income. So far, this system is the best that i've found. But, it can't beat your graph... :( * Hey your EA have a Win Ratio more higher then me Bro William, cheers up Bro :arrow: I give you a clue for tunning your EA ... Focus & try to reduce the Drawdone, you can make it Bro William :) However, i thing is better you write & jot down in a paper what do you want about your Plan & System (your EA) before you run it; is there a Trend catcher or maybe Countertrend ? Or you want put a something specialised Trick, how many Indicator you use (too many Indicator can drop more your result & you must try to find a simple Indicators). Just like a medicine too, if you to many take & drink Medince can be dangerous for your health too. e.q. As we know Broker & Market Watcher allways saw & wathcing our development, so in my plan i make it a little bit tricky; Because i know Market +/- 70% is non Trending so i decide to take a non trending Trading System as a CounterTrend (As we know George Soros is a Countertrend Too, don't know for this time now :lol: ), but the part of the Tricky is i used an old Trend Trading Indicators for Non Trending System (Countertrend Trading System) but i changed the parameter & how to approach (Like Time Factor as Entry & Exit Strategy), so "The Market Watcher" don't know what exactly happen. So i can Free take Profit without interuption from The Market Watcher. (not like Banking Daimond, Thunder, & the rest they can be easy to spot & beat by The Watchers). Thats why my EA / Trading System is Unbeatable for 10 years, since EURO Dollar is Born until Last Year. thats only an example how can we made a good trading plan & System & then we can put in an EA (for just Backtest purpose only, because i'm still trade by Manual). Btw since i started Trading Forex, i don't like & not comfotrtabel used EA or Trading System with Martie, Locking, Avareging, etc ... it can be will to ..... :o (you know that :D ). Yeah, I don't like those stuff also. I think the only MM i'm going to put to my baby EA is lot sizing based on equity. BTW, I'm thinking about the name of this new baby. Any suggestion for her name? Maybe you can use name for her (your EA) like in your avatar girl name, it may so be nice :arrow: & please Don't Forget put a memo in .txt files for a little bit Donation wakakakak ... :mrgreen: :D :lol: (Just Joke Bro) its a scarry syndrome :x :peace: Best Regards; Gyverd Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
btrack707 Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Damn! Didn't realize that it was you. :mrgreen: Quite clever this time huh? :D * Thanks Bro qqqq .... :D Btw i'm still thingking why Bro Kardel & David still can spot my new identity, every time i change ? 1st of all thanks for the compliments. * You're Welcome Bro, mee Too :shand: Since I know first time why every comercial EA use scalping, because they want to make a little bit manipulation Graph (for Smooth looks) & high Percentage Winning. Well, scalping is a subjective term. For me myself, I think this system is kindda semi scalping. And, I did try to make the graph pointing up and as smooth as possible :P Well, I didn't do it so I could sell it easier, it's a free EA if done. I did it because I'm trying to find a system that looks just like your graph :D (perhaps you could tutor me about your system) I want to find a system that is reliable enough and can make passive income. So far, this system is the best that i've found. But, it can't beat your graph... :( * Hey your EA have a Win Ratio more higher then me Bro William, cheers up Bro :arrow: I give you a clue for tunning your EA ... Focus & try to reduce the Drawdone, you can make it Bro William :) However, i thing is better you write & jot down in a paper what do you want about your Plan & System (your EA) before you run it; is there a Trend catcher or maybe Countertrend ? Or you want put a something specialised Trick, how many Indicator you use (too many Indicator can drop more your result & you must try to find a simple Indicators). Just like a medicine too, if you to many take & drink Medince can be dangerous for your health too. e.q. As we know Broker & Market Watcher allways saw & wathcing our development, so in my plan i make it a little bit tricky; Because i know Market +/- 70% is non Trending so i decide to take a non trending Trading System as a CounterTrend (As we know George Soros is a Countertrend Too, don't know for this time now :lol: ), but the part of the Tricky is i used an old Trend Trading Indicators for Non Trending System (Countertrend Trading System) but i changed the parameter & how to approach (Like Time Factor as Entry & Exit Strategy), so "The Market Watcher" don't know what exactly happen. So i can Free take Profit without interuption from The Market Watcher. (not like Banking Daimond, Thunder, & the rest they can be easy to spot & beat by The Watchers). Thats why my EA / Trading System is Unbeatable for 10 years, since EURO Dollar is Born until Last Year. thats only an example how can we made a good trading plan & System & then we can put in an EA (for just Backtest purpose only, because i'm still trade by Manual). Btw since i started Trading Forex, i don't like & not comfotrtabel used EA or Trading System with Martie, Locking, Avareging, etc ... it can be will to ..... :o (you know that :D ). Yeah, I don't like those stuff also. I think the only MM i'm going to put to my baby EA is lot sizing based on equity. BTW, I'm thinking about the name of this new baby. Any suggestion for her name? Maybe you can use name for her (your EA) like in your avatar girl name, it may so be nice :arrow: & please Don't Forget put a memo in .txt files for a little bit Donation wakakakak ... :mrgreen: :D :lol: (Just Joke Bro) its a scarry syndrome :x :peace: Best Regards; Gyverd[/quote:leshjep6] Name: Will_I_am ea... hehehehe :arrow: :peace: Quote Link to comment Share on other sites More sharing options...
caillie Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Lets call it "The Real Deal" :D or you can name it after me "Caillie EA" :P Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted February 6, 2009 Author Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate e.q. As we know Broker & Market Watcher allways saw & wathcing our development, so in my plan i make it a little bit tricky; That's what i'm trying to do also. I focus on eur/usd because most brokers are fighting to lower the spread there. Thus, I try to beat them on their game. * Why EUR/USD ? 1st EUR/USD have a completed historical data (Only 10 Years), 2nd EUR/USD is the Most liquid currencies then any other Major pairs, it means the Big Players is not easy to ate our Stop Loss except in iliquidty time like before Big news come. 3rd the other consequence all Techinal Analysis is more stabil when we used. ...& Many2 more positive advantage from trade EUR/USD pairs like tight spreads etc. (Gyverd) Well, any help would be greatly appreciated for the counter trend indi. :D ;) Name: Will_I_am Lets call it "The Real Deal" :D What's that? That's a child abuse. How could you give a beautiful baby, a name like that? I'm considering: - Yofiel - Haniel - Camael / Camilla - Lyly - Rosie - Marie What do you think? Which one do you like? Anymore suggestions? Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
bullbeary Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate What about: - Sophia - Indovesting Just a blink... Quote Link to comment Share on other sites More sharing options...
middx58 Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate Looks a promising EA. Thank you William for the info I'm considering: - Yofiel - Haniel - Camael / Camilla - Lyly - Rosie - Marie What do you think? Which one do you like? Anymore suggestions? How about "Wilma"? Quote Link to comment Share on other sites More sharing options...
bamik Posted February 6, 2009 Report Share Posted February 6, 2009 Re: My New Free EA - 94.41% Win rate How about "BAMIK"? :mrgreen: It's mean "Glorious" in Persian language. Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted February 7, 2009 Author Report Share Posted February 7, 2009 Re: My New Free EA - 94.41% Win rate Thanks for all the name suggestions. I like Sophia, or perhaps Sophie is better? Well, let's see later on. Oh ya, another question. This is going to be a free system. And I believe that there will be some people who will download for free, decompile, change the name, and sell it. I don't want that to happen. I don't want low people make my baby a *****. I've heard that putting the main engine inside a DLL and make the mq4 to call it would prevent decompiler. But, those lowlifes could rename the DLL file, make it's own mq4 and call the DLL, thus making it looks like a new system. Any great idea to prevent these lowlifes from this kind of action? Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
SEFC Posted February 7, 2009 Report Share Posted February 7, 2009 Re: My New Free EA - 94.41% Win rate Name : O'bama ??? :D :D :D :peace: :peace: Quote SEFC Mode= Red light ...(off) .. "Indonesia Forex Community" Link to comment Share on other sites More sharing options...
caillie Posted February 7, 2009 Report Share Posted February 7, 2009 Re: My New Free EA - 94.41% Win rate William, Just wondering do you have any plan at all for a release date for beta testers? If so what are the criteria you looking for for us to partake given that you seem to be waiting or getting ready for the launch by gathering names for the EA, testing & so forth. How about a hint of the things to come? Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted February 8, 2009 Author Report Share Posted February 8, 2009 Re: My New Free EA - 94.41% Win rate Just wondering do you have any plan at all for a release date for beta testers? There won't be beta testers. If it's get released, then it's a final 1.0 version. you seem to be waiting or getting ready for the launch Not really. That's just how the way my mind works. I think things parallel, random, and unstructured. How about a hint of the things to come? Until I'm satisfied with the drawdowns, it'll be "launched". So, I would like to make preparations here and there, like how to prevent lowlifes to sell this free EA. I won't mind if people crack and study the codes. But selling a free EA is another thing. It's very low. Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
William1713006271 Posted February 8, 2009 Author Report Share Posted February 8, 2009 Re: My New Free EA - 94.41% Win rate There won't be beta testers. On a second thought, do you guys need beta testers? If so, I think those in Hall of Fame would pass my criteria. The drawdowns are 2,500 pips. I think a beta testing would be useless coz people would agree to what I'm saying: It's a bad EA. Regards, Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
najwana Posted February 9, 2009 Report Share Posted February 9, 2009 Re: My New Free EA - 94.41% Win rate Just wondering do you have any plan at all for a release date for beta testers? There won't be beta testers. If it's get released, then it's a final 1.0 version. you seem to be waiting or getting ready for the launch Not really. That's just how the way my mind works. I think things parallel, random, and unstructured. How about a hint of the things to come? Until I'm satisfied with the drawdowns, it'll be "launched". So, I would like to make preparations here and there, like how to prevent lowlifes to sell this free EA. I won't mind if people crack and study the codes. But selling a free EA is another thing. It's very low. Regards,[/quote:3v93pjjm] Hi William, I'm a newbie in this thread. I'm interested in your new ea. If you don't mind, can you please share your ea strategy. Quote Link to comment Share on other sites More sharing options...
William1713006271 Posted February 16, 2009 Author Report Share Posted February 16, 2009 Re: My New Free EA - 94.41% Win rate One of the member here ask me to update the status of this EA. =================================== Status =================================== Well, it's almost done. Only 2 things left: - money management - documentation I'm not very good at coding, so if i'm stuck for several days with the money management, i'll just launch the EA without any money management :P Documentation could take around 1 or 2 days. So I hope it could be launched around this week. =================================== Help needed =================================== I want to ask you guys a favor. I'll keep an update of the launch date on this thread. Then, on that launch day I want to ask your help to post this free EA to every investment forums out there at once during that same day. If you could provide the link of your post to me via PM, that would be nice. This action would give 2 goals: - I'll make a statement inside the documentation that i'm currently lingering at indo-invest forum, so people from other forums could come and register here. That would help this forum grows and make our admin happy. Since the statement is inside the manual, I guess you guys won't find any problem with other forum's moderators. You guys can earn points (like the unfriendlytrader) or any kind of reputation on those forums as you like, it's up to you as long as you post it for free. - Hopefully, by posting it free EVERYWHERE, people could not rename it and sell it to newbies. So, I guess it's a win-win-win solution. - I win, because my free EA won't be misused.... and hopefully get lots of donations :P - Our forum and our Admin win because of many new members. - You win, because you get free EA and point system from other forum. How's that? Could you help? Regards, P.S. I've decided the name of my new EA. The name is "Lyly G. Catherine" Quote Ore no Shinka Hikari yo Hayai. Zen Uchi o Nani no Mono Ore no Shinka Chuito Kore Nai. Ten no Michi yo Iki. Subete o Sukosadoru Otoko. Link to comment Share on other sites More sharing options...
van_danoe Posted February 16, 2009 Report Share Posted February 16, 2009 Re: My New Free EA - 94.41% Win rate I'll help you to post in any Forum :arrow: Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.